Results tagged as "ingenuity"

  • The Citi Choir, a Year On

    By Raf Lopez, Talent Manager, Citi Human Resources EMEA August 12, 2014 11:42 AM

    The Citi Choir was featured as part of a 2013 BBC TV series 'The Choir: Sing While You Work', fronted by well-known choirmaster, Gareth Malone. For this series the concept was to create choirs from scratch in five UK organisations. The program was seen by over 2.9 million viewers toward the end of last year.

    We weren't sure how many people would be brave enough to put themselves out there to participate, but as it turned out, hundreds came to audition. Gareth Malone eventually selected 22 people who he thought would best represent the breadth of what Citi does and the diversity of our people - as well as being great singers of course.

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  • Why a Bank Should Be in the Business of School Supplies

    By Lilia M. Torres Torres, Puerto Rico Department of Education, Secretary of Administration December 17, 2013 10:57 AM

    Nearly 450,000 students rely on the Puerto Rico Department of Education: From pencils to hearing aids, we are the country's biggest buyer of education equipment. In the past, our purchasing process has been cumbersome, and students often had to wait months for critical supplies.

    The Puerto Rico Department of Education is financially supported by the Central Government of Puerto Rico and the U.S. Government, and spending is monitored and audited by local and federal authorities, who demand transparent, efficient and auditable administration of funds. Working with government officials to create a purchasing card program, Citi provided our school administrators better buying flexibility and offered an easier way for us to track funds. Local vendors are now paid more quickly and students receive materials faster than ever before.

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  • Urban Ingenuity Series: This Big City

    By Joe Peach, Founder and Editor in Chief of This Big City August 13, 2013 12:20 PM

    Cities across the world are rapidly shifting their development strategies to adapt to the new global and local economic and demographic realities. As the Founder and Editor in Chief of This Big City--an online publication sharing ideas and encouraging discussion about sustainable cities--I've seen, through research and interviews, that in addition to the economic and population challenges, inequality, system management and migration are three challenges cities across the world increasingly face.

    Inequality--Inequality is still prevalent, and goes far beyond gentrification. For instance, do all citizens have access to the same resources? Are poor neighborhoods as well-served by public transport as more affluent areas? If not, how can we expand existing infrastructure to ensure no one is left behind?

    System management--Building density into existing systems is another challenge. How can public transport and the built environment adjust to increasing urban populations?

    Migration--Migration is likely to become a bigger issue in the future, especially as our climate continues to change and people are drawn to more habitable and successful regions.

    The biggest single challenge facing cities, and indeed the world, is how to manage all of these challenges in a sustainable manner. A solution can only be right if it is sustainable. And one way to get to such solutions: creativity.

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  • Urban Ingenuity Series: Big Data

    By John Rossant, Founder and Chairman of the New Cities Foundation July 31, 2013 04:41 PM

    With growing urban centers globally comes a considerable amount of data related to citizen's behaviors, municipalities' operations or environmental evolutions. Through advanced technologies, ingenuity and increasing analytical capabilities, what is now commonly called Big Data is about to revolutionize cities' development and citizen's interactions with public services and authorities.

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  • Vélib' - A Success Story on Bike-Sharing in Paris

    By Albert Asseraf, Vice President of Strategy, Research and Marketing at JCDecaux July 22, 2013 03:10 PM

    Note: This is part of a series featuring 2012 FT/Citi Ingenuity Award winners. Vélib' won in the infrastructure category.

    Vélib' is the world's third-largest bike-sharing program, the largest outside of China, offering a way to experience the "City of Light" on two wheels. Launched in Paris in 2007, Vélib' is now widely regarded not just as a business success, but also as a social phenomenon and is credited with inspiring other major European cities to start their own bike-shares.

    However, the bike-sharing concept is not new. JCDecaux, the company behind Vélib', first inaugurated the self-service bicycle rental system in Vienna in 2003, it was followed by several other European self-service bike projects before Vélib' launched six years ago. Our service is now widely spread, with bikes available in Dublin, Seville, Brussels, and even as far as Toyama in Japan.

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  • Urban Ingenuity Series: Reflecting on Challenges and Opportunities

    By Rashiq Fataar, Future Cape Town July 18, 2013 11:06 AM

    The world's cities are experiencing massive population growth. Much of the growth forecasted for the next 20 years will occur in Africa, and mainly in informal settlements and slums - which are often characterized by a lack of services such as water, electricity, and sanitation.

    Meeting the escalating demand for these services is challenging enough, but growing cities must also have the foresight to simultaneously invest in new (and maintain existing) infrastructure, create affordable and diverse housing options, and deal with the effects of climate change.

    And to make matters more difficult, many cities are not yet equipped to fully address these needs.

    So what can be done?

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  • Urban Ingenuity Series: Reflecting on Challenges and Opportunities

    By Ed Skyler, Executive Vice President, Global Public Affairs, Citi July 11, 2013 03:18 PM

    Global population patterns are changing rapidly, as more than 100 million people move to urban centers each year. In the coming decades, an unprecedented share of the world's people will live in cities. At Citi, we see that transformation as an opportunity for our company to enable progress for the people and communities we serve.

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  • Citi @ TED2013

    By Debby Hopkins, Chief Innovation Officer, Citi Ventures February 28, 2013 10:19 PM

    Chief Innovation Officer, Debby Hopkins, is spending this week at the annual TED (Technology-Entertainment-Design] conference in Long Beach, California. She shares her thoughts on the wide-ranging impact of this gathering, as well as the benefits to Citi of participation in the event and TED community.

    At Citi, we've been talking for some time about how the big trends of globalization, urbanization and digitization are changing how people and organizations thrive. We know that this hyper-connected, speed-of-life world is redefining how our clients and customers live and work and, at the same time, it is requiring us to look closely at how we redesign our business to address their ever-changing needs.

    There's no better place than TED to learn about a variety of viewpoints on the world and to deeply understand the challenges of this new age. Being here makes one recognize the personal contribution that each of us must make to tackle the huge issues facing humanity.

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  • Enabling Urban Progress -- FT/Citi Ingenuity Awards: Urban Ideas in Action

    January 28, 2013 09:15 AM

    Today, Citi is pleased to announce that submissions for the 2013 FT/Citi Ingenuity Awards: Urban Ideas in Action program are now being accepted! In 2012, Citi partnered with the Financial Times to sponsor the FT/Citi Ingenuity Awards: Urban Ideas in Action program to recognize those fueling progress in cities around the world.

    Submissions were received from more than 40 countries. A judging panel selected the best. Each of the 18 finalists, including the global winner, Kenya's Community Cooker Foundation, were instrumental in helping their cities address accelerating urbanization - a commitment we at Citi share.

    What's New for 2013?

    • The 2013 Awards will recognize those who have implemented original ideas that have made life better for people living and working in cities - from city administration, transport systems, energy and utilities, education and resource management, to housing, health, social services, and mobile technologies, among others.

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  • Citi and Financial Times Name 2012 FT/Citi Ingenuity Awards Winners

    December 12, 2012 02:15 PM

    (left to right): Martin Dickson, U.S. Managing Editor, Financial Times, Janice Muthui, Manager, Community Cooker Foundation and Francesco Vanni d'Archirafi, CEO, Citi Transaction Services


    Citi and the Financial Times are pleased to announce that Community Cooker Foundation has been named global winner in the inaugural FT/Citi Ingenuity Awards: Urban Ideas in Action program. A distinguished panel of judges selected the Kenyan not-for-profit organization as the global winner for its development of an innovative and practical waste-burning stove, which holds tremendous potential for environmental, economic and social change in low resource environments.

    In addition to the global award, winners were recognized in four categories - education, energy, healthcare and infrastructure - for demonstrating particular originality, efficiency and impact in meeting urban challenges in their respective fields. Winners included: College Possible (Education), Community Cooker Foundation (Energy), GlaxoSmithKline New Citizen (Healthcare) and JCDecaux - Velib' (Infrastructure).

    The FT/Citi Ingenuity Awards aim to recognize leaders, teams, organizations and community groups that have developed innovative solutions to benefit cities, citizens and urban communities. Submissions were received from 41 countries, including: Argentina, Australia, Bahrain, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Denmark, Ecuador, Egypt, Finland, France, Germany, Guatemala, Honduras, India, Indonesia, Japan, Kenya, Lebanon, Lithuania, Macedonia, Mexico, Netherlands, Nicaragua, Nepal, Pakistan, Peru, Poland, South Africa, Spain, Switzerland, Uganda, U.A.E., the United Kingdom, the United States and Uruguay.

    We are pleased to congratulate the winners and all the finalists for developing urban solutions that are innovative, scalable and replicable. Enabling progress has been Citi's central mission for 200 years. We are proud to recognize those who share our commitment to help cities thrive and strengthen the communities where we live and work.

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